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Oh no!  There are many horror stories of people investing in their mates bar or bar or anything, the idea sends shivers up my spine.  Continue reading >

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Deal sites nearly feel antiquated these days.  But people are still using them, albeit in less volume.

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Before we jump in, a fair word of warning this is gonna take some significant work, but can pay off big time.  Its important to think beyond the box with this idea and recognize that any niche can work nicely.  Continue reading >

Websites like Cafepress make it super easy to submit designs, which means exactly like using the stock photography idea previously, you can pump out a ton of designs in an afternoon and leave them up there waiting for people to purchase.  Continue reading >

The idea is to get a bunch of people involved, creating content through forums and articles, and then sell them all kinds of products and servicesrelated for their interests.  Continue reading >

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The upfront work can involve a reasonable bit of programming, even if you do use a good deal of template and existing off-the-shelf applications.  Continue reading >

This is a popular passive income stream for many WordPress developers, particularly of plugins, and is also rather popular amongst bloggers who pump out plenty of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium merchandise sales.

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The idea rests on your product adding a ton of value to customers lives and you also systematically and nicely / in a fun way, asking for donations.  Continue reading >

Here is the most bizarre kind of passive income I can think of, because it basically involves executing Michael Gerbers e-Myth idea 110%i.e. so much so, that you are no longer involved in the daily running of the business.

The average blog is like the ordinary wardrobea complete fecking mess, with gold nuggets of wisdom spread through 100s of posts.

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Just how much more useful would it be to your reader in the Event That You created a unified manual Continue reading >

This is different to the fake store idea above, because here its not an online store were building, but rather a content-rich site with tons of product-focused posts and videos etc, and matching Amazon affiliate links.

I.e. one thought is to get an online shop and another for a blog/affiliate website of sorts.  Continue reading >

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This is going to make millions for the ones that get it directly, but to be honest its not entirely passive.

The case that springs to mind with this thought, so that I can really explain what Im talking about this, is Corbett Barrs Fizzle.  Continue reading >

You give away a ton of the content for free, and then charge for the superior stuff or to find the most recent stuff.  Continue reading >

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Well, because I'm OCDing all over the joint and want to make this list uber complete to the point where we finish up with a fairly mediocre passive income thought.  Continue reading >

But nowadays, there's so much opportunity in case look at this now you hunt for brand-suitable domains and keyword-rich or otherwise popular names on the myriad of new domain name extensions like .io, .at etc..  And I need to know, because Ive paid several domain squatters a kings ransom to purchase these kinds of domain names in the last couple of years!  Continue reading .

Putting your effort in upfront and collecting the returns forever after is the foundation of financial freedom.

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Passive income has long been the holy grail for entrepreneurs looking to free up their time, untethering the cord of daily duties and responsibilities from the potential to generate healthy monthly revenues. Though the importance of passive income isn't often doubted, the monumental hurdle often needed to achieve a decent amount of cash flow from automatically-recurring revenue flows is often too great for many to endure. .

Clearly, it is hard to generate passive income. It takes the upfront investment of a significant amount of the time, normally with minimal to no returns for extended periods. We can go months and even years without a single buck generated from passive income activities, making even the most astute entrepreneur shake their head in utter and utter frustration. .

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The truth of the matter is that time is a lot more valuable than money. While money can be spent and earned, time can only be spent once, then it's gone forever. As we age and grow old, we understand the importance of time and being able to freely choose what we do with these precious moments we do have in life. .

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